Marcus & Millichap’s Azzi Group Closes Value-Add Sale of West Hollywood Multifamily

Marcus & Millichap closed the sale of 1203 N. Kings Road, a 30-unit multifamily property in West Hollywood. The property sold for $7.98 million, or $266,000 per unit. “The property presented the buyer with a rare opportunity to acquire a well-located West Hollywood asset at an attractive basis with significant value-add potential,” said Tony Azzi, executive managing director investments. “With opportunities... The post Marcus & Millichap’s Azzi Group Closes Value-Add Sale of West Hollywood